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GS Paper IUPSC Prelims 2023
Indian Economic Planning & Growth
Question No. 302Interactive Test Mode
00:00
+2-0.66

Q302. In the context of finance, the term ‘beta’ refers to:

In the context of finance, the term ‘beta’ refers to:

Select the correct option below (or cross out options to eliminate)
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Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 2023 • Indian Economy

Correct Answer: Option (D) — a numeric value that measures the fluctuations of a stock to changes in the overall stock market

Concept & Option Breakdown

Standard Reference Verified

In financial theory (specifically the Capital Asset Pricing Model - CAPM), 'Beta' is a statistical measure of the systematic risk or volatility of a security or portfolio relative to the market as a whole (benchmark beta = 1.0). A beta greater than 1 implies greater volatility than the broader market.

Elimination Heuristic & Exam Approach

Option (a) defines 'Arbitrage'. Option (d) correctly matches the textbook financial definition of 'Beta' as a measure of relative volatility.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2023 (Q302)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Indian Economic Planning & Growth
Official Answer KeyOption (D) — a numeric value that measures the fluctuations of a stock to changes in the overall stock market

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Frequently Asked Questions — UPSC Prelims 2023 Q302

What is the official answer for UPSC Prelims 2023 GS Paper I Question 302 (Indian Economy)?

The official UPSC answer key for this 2023 Indian Economy (Indian Economic Planning & Growth) question is Option (D): "a numeric value that measures the fluctuations of a stock to changes in the overall stock market". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2023 question belong to?

This question belongs to GS Paper I under the subject "Indian Economy" and micro-topic "Indian Economic Planning & Growth". You can explore all repeated questions from Indian Economic Planning & Growth in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Indian Economic Planning & Growth UPSC Prelims question using option elimination?

Option (a) defines 'Arbitrage'. Option (d) correctly matches the textbook financial definition of 'Beta' as a measure of relative volatility.

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